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And it has nothing to do with malpractice (which is a whole 'nother area of risk), but rather just liability risks.
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<p>Aside from the fact that we've hijacked this thread...</p>
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Nobody is saying that entrepreneurship is a bad thing. Please point to the quote where I said that entrepreneurship is bad. Can't do it, can you?</p>
<p>I am saying that it is inappropriate for certain people, in particular, for those people who do not have the right personality for it. I think it is up to you to provide a BALANCED discussion of the good AND the bad points of entrepreneurship. To imply that entrepeneurship is always good and that everybody should do it is simply wrong. </p>
<p>Like I said, I know many entrepeneurs that have failed. Silicon Valley is full of them. Some because of bad business plans. Some because of a bad economy. Some because, well, they got sued out of existence. You have to admit that all of these people would have been better off financially if they had simply taken regular jobs.
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<p>For the third time? WHO ARE THESE "MANY ENTREPRENEURS" YOU KEEP REFERRING TO (in one way or another) OVER & OVER? WHAt BUSINESSES? WHAT CIRCUMSTANCES?</p>
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Did I SAY that every entrepreneur is going to get sued every time? I am merely saying that lawsuits are sometimes a problem for some entrepreneurs. I think it is YOU that is now being fallacious by pretending that it is never a problem.
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<p>Isn't this your first use of the word "sometimes" with regard to entrepeneurs on this thread?. And I believe post #33 (and others) address your accusation w/regard to "never". Why have you suddenly moderated your statements? And why do I feel I'm like I'm in a Monty Python sketch? My apologies to everyone for all the extaneous verbiage. I hope that -- if you're interested -- you carefully read the posts & come to your own conclusions.</p>
<p>Sakky, you haven't managed to provide anything I've requested over the past week And anyone here can feel free to PM me (some of you already have) if you're interested in determining what gives me the right to discuss the subjects of my posts (running a business, compensation, computer science, etc.)... I also hope you'd expect that of anyone who offers advice...</p>
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For the third time? WHO ARE THESE "MANY ENTREPRENEURS" YOU KEEP REFERRING TO (in one way or another) OVER & OVER? WHAt BUSINESSES? WHAT CIRCUMSTANCES?
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<p>And like I said again, every single computer contractor and consultant that I know has protected themselves by buying personal liability insurance, despite also having incorporated themselves. Are you saying that they are all stupidly throwing money away? </p>
<p>You keep asking the same question, and I keep giving you the answer. </p>
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Isn't this your first use of the word "sometimes" with regard to entrepeneurs on this thread?. And I believe post #33 (and others) address your accusation w/regard to "never". Why have you suddenly moderated your statements? And why do I feel I'm like I'm in a Monty Python sketch? My apologies to everyone for all the extaneous verbiage. I hope that -- if you're interested -- you carefully read the posts & come to your own conclusions.
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<p>Yes, I encourage everybody to read all of the posts and come to your own conclusions. When did I ever say that EVERY entrepreuneur gets sued out there? I have always said that there are entrepreneurs out there that are getting sued, and if you want to be an entrepreneur, you have to be cognizant of this fact. To say otherwise is to simply perpetuate a falsehood. </p>
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Sakky, you haven't managed to provide anything I've requested over the past week And anyone here can feel free to PM me (some of you already have) if you're interested in determining what gives me the right to discuss the subjects of my posts (running a business, compensation, computer science, etc.)... I also hope you'd expect that of anyone who offers advice...
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<p>I encourage anybody who wants to know more about entrepreneurship to PM either mpnsoft or myself, or do their own research on personal liability as it has to do with entrepreneurship and draw their own conclusions.</p>
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from your prior posts... but you never seem to get past the "I know" or supposition stage. More?
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<p>And what is your point? Are you saying that you know my friends better than I know them? Are you saying that the entrepreneurs that I know aren't paranoid about being sued? </p>
<p>Look, you have your opinion, and I have mine. I think the people here have the right to different opinions. It seems to me that you are simply attempting to restrict not only my right to free speech, but more importantly, the right of the readers here to read a diverse set of opinions. It seems to me that you want people to read only your opinions, and nobody else's. What you seem to forget is that what you have to say are simply OPINIONS, nothing more, nothing less. We are all entitled to our own opinions, and we are all entitled to express them.</p>
<p>My opinion has always been clear: some people do not have the proper psychological makeup to be entrepreneurs. To become an entrepenuer is to assess exactly what kind of person you are, and whether you can handle the entrepreneurial lifestyle. Not everybody can do it.</p>
<p>Once again you've dodged the requests for facts and prior case law... and attempted to change the thrust of your prior posts. Obviously, as you've so aptly demonstrated, you know far more about the subject than I. </p>
<p>I'll bet you can keep going back & forth like this forever. If the last paragraph of your last post was consistent with (and the main point of) your early posts, this dialog would never have taken place. </p>
<p>It's Memorial Day. And I'm walking out the door to spend the day on the beach with my wife, daughters, and friends. Take care...</p>
<p>uh..no offense but can u guys shut up and get back to the point of this post? How does one usually become a CXO? What sort of majors did they do and what fields did they start out in? I know this varies but in general. (note that the x is a variable)</p>
<p>Thank you! Its about time someone spoke up. Id already apologized in a prior post & do so again. You wont hear another word from me on that subject.</p>
<p>As to your post, of those C*E*Os I know personally, theres no rhyme or reason. They have varied backgrounds. For instance, the CEO of one company that resells software (this is a CEO successful enough to own his own airplane) has an undergraduate degree in Psychology. Ive known him for about 20 years, and it wasnt about his major. It was about the job path that eventually led him there (which included quite a few different types of employment. For example: at one point he was the business manager for a health care provider). In fact, his Senior V.P. whos next in line for the throne came by a very different path. </p>
<p>The SVP worked his way up through the companys Technical Support Department (fresh out of a 3rd tier college in NY). His ability to handle underlings & customers not his degree helped him into lateral management positions before the untimely death of the (then current) SVP on July 6, 2001 . And that guy (a good friend who had a heart attack on my wifes birthday), came through an equally convoluted path from a college in IN through multiple prior positions (he was an IN State Trooper fresh out of college) got into sales in FL met the current CEO, and worked his way up from sales </p>
<p>Thats just one (incredibly shortened) set of examples but the point is that theres no treasure map that I know of unless the corporation (private or public) was started by a family member one or more generations ago. I can give you more examples of both but I doubt it will paint a clearer picture when it comes to majors or fields.</p>
<p>C*F*O is another story. All the CFOs I know have very similar backgrounds. They started out as either accountants or math majors who became actuaries (or something similar). A very few simply started out as bookkeepers at small firms and worked their way up.</p>
<p>I believe you might want to consider researching the qualities that successful CXOs have in common </p>
<p>I am just curious on how they achieve such positions. There's also the COO, whom I still have no idea what the position coordinates. I am not too interested in becoming a CXO mainly because such job offerings are extremely rare and the presurre will surely take some years away from my life. However, it seems like Hedge Fund Managers make more money than CXOs, why is that?</p>
<p>Because a CEOs compensation package is often determined by others(board of directors)...plus if the company is public and the CEO is getting paid too much, the shareholders can get ****ed at how much money is being given to these guys. a hedge fund managers pay is much more performance based than even a CEOS.</p>
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Once again you've dodged the requests for facts and prior case law... and attempted to change the thrust of your prior posts. Obviously, as you've so aptly demonstrated, you know far more about the subject than I.
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<p>I never said I "knew" more about the subject than anybody else.</p>
<p>My position has been clear - entrepreneurship is appropriate for certain people who have a certain mental makeup, but not appropriate for others. If you are going to take the position that everybody in the world ought to become an entrepreneur, regardless of their own personal psychological makeup, then I think it is clear that you hold an opinion far outside the mainstream. You have the right to your opinion, but I think you should at least admit that you stand far outside the mainstream. To me, the notion that everybody, including highly risk averse people, should become entrepreneurs, is simply not a tenable position. </p>
<p>I have dodged nothing, I can simply point to the mere existence of liability insurance to prove that some people out there must be getting sued. That ought to proof enough. After all, why even have liability insurance if nobody ever gets sued? Are the people buying such insurance being stupid?</p>
<p>hi, my name is Peter, and Im from NY, NY. I wanted to go to med school all of my life (with my success with science classes and my mother's drilling about being a doctor). I realized resently that I like money more than science. I have a 100.8 average and Im confident that I'll be the top 1% of my class ( maybe validatorian). Im confident that I'll do good in premed and med school. Im 16.5 and Im going to 11th grade in Sep., and I dont know what to do. Should I continue with science and study for 12 yrs + 5 years of residentship, or should I go into business and have money a lot faster and have more opportunities for advancement. Im good with numbers (I'm going to precalculus next year), but I dont know a rat's ass about the business world. I know 3 languages (russian, English and hebrew) fluently. please help me, I 'm doing my research , and I see that ibanking might not be for me- im better than that, I dont want to be a tool. thanks</p>
<p>^^^Dude if u are all that you say....then why not just kick everything out and go into Entrepreneurship which is in a way money only if u have brain.....</p>
<p>vampiro, do I have to go to business school for that? or any college will do.
Can you become a businessman with a science major, and still be able to take the MCATS?</p>
<p>Anyway, I realized that its still too early for me to decide, I'll just lay back and enjoy sun.</p>
<p>Entrepreneurship is just starting ones own venture in your field....so i dont think a business school is required for that...but you might want to research schools which do have a startup company culture (like Stanford)....you can obviously give the MCAT as long as you are prepared for it....(you will have to follow a pre-med path for 4 years if u want to get into a Med School).....Honestly you should decide after your first year in college what you want to do...keeping both the things in mind is not a giid idea...just do what you want to do the most because concentrating on 2 very different fields is not really healthy for anyone.</p>
<p>My dad is a senior engineer (dynamicist, mechE), for Lockheed Martin (worked there for 26 years, and now more like a project manager). He's very good at what he does. The people he works with (profs from MIT, USAF General's, various other professionals) told him "he could stand head and shoulders with anyone in the world on his subject"...his salary caps at about 160k. He's never wanted to go to manager because lockheed doesnt do overtime for its managers. You won't be rich as an engineer but you won't starve either.</p>
<p>as a PS. The nice thing about lockheed though, is they'll pay for your masters. They paid for all of Stanford for my dad. It's a perk for defending the US. =)</p>
<p>for the next 10 years the Indian Real Estate is going to grow...the rate is predicted to be 8 times the current rate in 10 years (and thats the average including all regions)....However it is unadvisable to invest into property in the metro regions which are now rising astronomically but the yield or maybe % profit that they produce wont really be that big now as the growth will come to a standstill in some time....Its a good time to invest in Land near the metros at places which companies are using for back offices and which at present are farm lands mostly going cheap if u have the will to search for one....</p>
<p>CSOs are becomming quite important. Chief Security Officers. You better have brains AND guts. Alot do have backgrounds in IT... not sure about military though
There was an article about them in Business Week couple of months ago...</p>